External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Muted revenue trajectory: Jyothy Labs reported Q1 revenue of Rs 751 Cr, up 1.3% YoY, supported by 3.6% volume growth (~5% volume growth excluding the HI segment).</li><li>Rural demand remained steady, cushioning the effect of subdued urban consumption, where inflationary pressures and a shift toward convenience-led channels weighed on general trade.</li><li>Modern trade, e-commerce, and quick commerce recorded double-digit growth. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Muted revenue trajectory: Jyothy Labs reported Q1 revenue of Rs 751 Cr, up 1.3% YoY, supported by 3.6% volume growth (~5% volume growth excluding the HI segment).Rural demand remained steady, cushioning the effect of subdued urban consumption, where inflationary pressures and a shift toward convenience-led channels weighed on general trade.Modern trade, e-commerce, and quick commerce recorded double-digit growth. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Jyothy Labs Ltd - Topline Stalls, Margins Slip; Downgrade to HOLD

Jyothy Laboratories

Jyothy Labs Ltd - Topline Stalls, Margins Slip; Downgrade to HOLD